Prepared on March 25, 2020 Over the past week, both the Law Society of BC (which regulates lawyers) and the Land Title and Survey Authority (LTSA) have published information about land transfer processes. Bottom line: so far, an in-person meeting with a lawyer or notary is still required. The Land Title Act requires buyers and …
Realtors are being challenged to meet obligations to clients who they entered into a business relationship with before social distancing orders came into effect and to meet the needs of new clients who may need to buy or sell despite the pandemic. This means they’re often caught in the crossfire of client expectations and civic …
Last updated: March 26, 2020 BCREA has created this dedicated page to help real estate boards and REALTORS® access resources related to real estate practice and the COVID-19 crisis. We will provide new information and resources as they become available. In addition to uploading new content here, we will send out email updates to all …
This post was updated on March 31. BC’s Residential Tenancy Order (RTO), announced on March 25, is in effect as of March 30. This follows a week of intensive lobbying by the British Columbia Real Estate Association (BCREA) and other stakeholders. The government was receptive to our concerns and has made changes that will allow …
More than 8500 applications processed this week While Land Title and Survey Authority of British Columbia (LTSA) has introduced social distancing measures in their offices, such as restricting access to staff, direct access pass-holders and Registry Agents, it’s keeping up with customer demand and expects to remain open for business. In a statement posted on …
UPDATE – March 27, 2020: The COVID-19 FAQ was updated with new information regarding a BC Government announcement halting new and active evictions. As the spread of COVID-19 continues to have a significant impact on people’s lives, REALTORS® may also be left with questions about how to deal with certain areas of their practice. BCREA …
The COVID-19 virus is impacting more than people’s health. It’s changing our travel plans, how we do business and the larger economy. REALTORS® also need to adjust to protect themselves and their clients. The National Association of REALTORS® (NAR) has put together this great resource – we’ve listed some key Q&As below. What’s the most …
Whether it’s home insurance for homeowners, life insurance for families, or business insurance for business owners, insurance is a big part of life. Former international soccer star David Beckham reportedly had his legs insured for 195 million dollars. And it makes sense – if you’ve got something you value, you protect it. But Beckham’s protection …
Lead generation is an important part of a REALTOR®‘s work but there are some risks too, especially when it comes to telemarketing. REALTORS® and brokerages need to understand their role in protecting consumer privacy before picking up the phone – and it starts with the national Do-Not-Call List. What’s the national Do-Not-Call List? The Canadian …
2020 has already gotten off to an eventful start for REALTORS® – the new Professional Development Program framework came into effect on January 1 and the Real Estate Council of BC announced it has developed a new mandatory anti-money laundering course for all real estate licensees. Here at BCREA, we’re rolling up our sleeves and …